In a distinctive display of rising affluence as economy remains resilient, the sale of ultra-luxury homes worth Rs 50 crore and above in Delhi-NCR saw a massive 2,550 per cent (year-on-year) growth in the first half of 2025 (January-June period), while the Rs 20-50 crore bracket surged by 1,233 per cent, according to a report on Thursday.

New Delhi: In a distinctive display of rising affluence as economy remains resilient, the sale of ultra-luxury homes worth Rs 50 crore and above in Delhi-NCR saw a massive 2,550 per cent (year-on-year) growth in the first half of 2025 (January-June period), while the Rs 20-50 crore bracket surged by 1,233 per cent, according to a report on Thursday.

“The residential market's pivot towards premiumisation tells a fascinating story of changing aspirations. What we are seeing is a significant market evolution. Buyers are increasingly prioritising quality, lifestyle, and exclusivity over speculation, which creates a more sustainable foundation for long-term growth across NCR's premium corridors,” said Mudassir Zaidi, Executive Director–North, Knight Frank India.

Meanwhile, Noida and Greater Noida together contributed 30 per cent of NCR's total residential sales and 29 per cent of new launches, with Greater Noida taking the larger share due to greater land availability and infrastructure catalysts such as the upcoming Noida International Airport at Jewar. The premiumisation trend is clearly reflected in pricing, with residential prices rising by 14 per cent on-year in H1 2025, reaching an average of Rs 5,535 per square feet. Key micro-markets such as South Delhi, Golf Course Road, Golf Course Extension Road, Sohna Road, and Southern Peripheral Road in Gurugram recorded the sharpest price gains due to strategic connectivity and premium positioning, the report mentioned.